49th day of $QQQ short term up-trend; $GLD continues its Stage 4 decline

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None of my readers should be surprised to see gold declining.   GLD has been in a Stage 4 decline since early 2013. Check out this weekly chart. GLD will be of interest to me on the long side when it retakes its 30 week average (red line).

GLDweekly12192013

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